N.D. leads nation in personal income growth again
BISMARCK – Fueled by its strong energy and agriculture sectors, North Dakota boasted the strongest personal income growth in the nation in 2013 for the sixth time in the last seven years, the U.S. Bureau of Economic Analysis reported Tuesday.
The state’s personal income increased 7.6 percent last year to $41.3 billion, compared with a national average increase of 2.6 percent, which was down from 4.2 percent in 2012, according to bureau estimates.
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